canada's oil sands are one of the world's largest deposits, about eight times current u.s. oil reserves. it is preferable for the u.s. to process and use these oil resources than alternative foreign markets. recognizing this, as i indicated before, our company is investing $2.2 billion here in our detroit refinery to enable us to process crude oil derived from canadian oil sands and to clean dress protection tools and other prada products that our consumers need. that project is the largest project going on in the state of michigan today. there is substantial opposition to importing this oil because its current intensity is slightly higher than that of most conventional oils. we are developing and implementing technology that can and will solve that problem. i use that point to transition to the file of the three key elements of an energy security strategy, which is the need for innovation and new technologies. as i stated earlier, technology and innovation are vitally important in increasing the supply of into, moderate demand, and protecting the environment. there is a tr